martes, 25 de diciembre de 2012

GM owes $9M to AK Steel - Dayton Business Journal:

exceeding-commissioner.blogspot.com
GM (NYSE: GM) owes the West Chester-based steelmaker (NYSE: AKS) roughly $9.1 million in trade debt, according to a list of GM’z 50 largest unsecured creditorx that was included with its initiapl bankruptcy courtfilings Monday. AK Steel Holding was listexd asthe company’s 33rd largest unsecured creditor. • , with $22.8 billio in bond debt; The International Union, Unite Automobile, Aerospace and Agricultural Implement Workerds ofAmerica — or — with $20.65 billion in employee obligations; and • , with $4.4 billionn in bond debt. The top 50 creditors have morethan $50 billion in claims.
Also as a part of its bankruptcgy filing, GM submitted a list of plants it will closror idle. GM’s local operations were not onthe list. a diesel engine producer that is a jointr venture between GM and Isuzu Motors is expected to keep its Moraineplant open. The plant stopped production May 18 for seven GM also operates a parts and service facilitty in West Chester that was not on the closure list. Three Ohio facilities were on the list a service and parts distribution center in Columbus closingv at the end ofthis year, a powertrain planft outside of Cleveland closing in Decemberr 2010 and a metal stampin plant in Mansfield set to clos e in June 2010.

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